Director/PDMR Shareholding

RNS Number : 5497X

BP PLC

16 February 2012

 



BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

BP p.l.c. was informed on 15 February 2012, by the Trustee of the BP Employee Share Ownership Trust, of the completion of the following transactions. 

The Company's Remuneration Committee has determined the vesting of shares of the company previously awarded under the Executive Directors' Incentive Plan (EDIP) for the performance period 2009-2011.  The following Directors of BP p.l.c. acquired the numbers of the Company's ordinary shares (ISIN number GB0007980591) or ADSs (ISIN number US0556221044) shown opposite their names below on 14 February 2012 at £4.9785 per ordinary share or US$46.4917 per ADS.  On 14 February 2012 the Trustee of the BP Employee Share Ownership Trust acquired such ordinary shares or ADSs to satisfy the vesting of these share awards and also sold an appropriate number of these shares to meet the tax and expenses of sale applicable on vesting.   

Director	Total ordinary shares/ADSs* vested	Ordinary shares/ADSs* retained after tax and expenses of sale
Mr R W Dudley	16,956 ADSs	8,226 ADSs
Mr I C Conn	149,259 ordinary shares	71,488 ordinary shares
Dr B E Grote	31,199 ADSs	14,964 ADSs

* 1 ADS is equivalent to 6 ordinary shares

This notice is given in fulfilment of the obligation under DTR3.1.4(1)(a)R.

 

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